Steep fall in crude oil prices in the international market!
Posted on: 01/Dec/2014 3:30:55 PM
The prices of the crude oil have continued to fall to unprecedented level in the international market.
The price of crude oil procured by India sols at $ 1.84 at $ 68,31 per barrel.
Due to various reasons including the stagnation in the international arena, the price of crude oil in the international market has shown a falling trend over the last few months.
With OPEC deciding against any reduction in the current manufacture, the crude oil price has reduced further.
The current price level matches the price during February, 2010.
It is expected that the prices of petrol and diesel may also reduce.
